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Your grandparents would like to establish a trust fund that will pay you and your helrs $155,000 per year forever with the first payment 9

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Your grandparents would like to establish a trust fund that will pay you and your helrs $155,000 per year forever with the first payment 9 years from today. If the trust fund earns an annual return of 3 percent, how much must your grandparents deposit today? Multiple Choice $5,166,666.67 $3,844,485.23 $4,305.555.56 O O $4.078.614.38 $4,769.230.77

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